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Covestro AG (XTER:1COV) Research & Development : €392 Mil (TTM As of Dec. 2024)


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What is Covestro AG Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Covestro AG's Research & Development for the three months ended in Dec. 2024 was €118 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was €392 Mil.


Covestro AG Research & Development Historical Data

The historical data trend for Covestro AG's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Covestro AG Research & Development Chart

Covestro AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 262.00 341.00 361.00 374.00 392.00

Covestro AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.00 91.00 98.00 85.00 118.00

Covestro AG Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €392 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Covestro AG  (XTER:1COV) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Covestro AG Research & Development Related Terms

Thank you for viewing the detailed overview of Covestro AG's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.


Covestro AG Business Description

Address
Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373
Covestro AG is a player in the polymer materials field. The firm is engaged in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for the company's products is driven by cyclical end markets, such as automotive, construction, and furniture. The company's segment includes Performance Materials and Solutions & Specialties. The company generates the majority of its revenue from Solutions & Specialties segment. The Solutions & Specialties segment includes six business entities: Engineering Plastics; Coatings & Adhesives; Tailored Urethanes; Thermoplastic Polyurethanes; Specialty Films; and Elastomers.
Executives
Dr. Markus Steilemann Board of Directors
Dr. Thomas Toepfer Board of Directors
Sucheta Govil Board of Directors

Covestro AG Headlines

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